One struggling American industry continues to bleed jobs

Data out Friday morning showed that the US economy added 271,000 jobs in October. It was the strongest pace of employment growth this year, and nearly 100,000 jobs more than the consensus forecast for 182,000.

However, one struggling American industry continues to bleed jobs: mining and logging.

“Mining and logging continued its trend of employment losses in October (down 4,000),” according to the BLS report.”Mining accounted for all of the industry’s job loss in October and for 109,000 jobs lost since December.”